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Stocks & Commodities V. 24:10 (16-23): Sidebar: Rapid RSI and CTL Code for RSS by Ian Copsey
Stocks & Commodities V. 24:10 (16-23): Sidebar: Rapid RSI and CTL Code for RSS by Ian Copsey
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Stocks & Commodities V. 24:10 (16-23): Sidebar: Rapid RSI and CTL Code for RSS by Ian Copsey
RAPID RSI
Here is the formula for the rapid RSI:
Rapid RSI = 100 [(100)/1 RS]
where RS = sum of x days up closes divided by sum of x days down closes.
CTL CODE FOR RAPID RSI
Here is the Common Technical Analysis Language code for the rapid RSI for use in Global Forex Tradings software.
indicator RapidRSI; input price = close, period = 14, Hi_Base = 70, Lo_Base = 30; draw RS(RSI), line_hi(OverBought), line_lo(OverSold); vars b(number), f(number), i(number), j(number), k(number), line(series), u(series), d(series), dif(number), SumUp(number), SumDn(number); begin...
RAPID RSI
Here is the formula for the rapid RSI:
Rapid RSI = 100 [(100)/1 RS]
where RS = sum of x days up closes divided by sum of x days down closes.
CTL CODE FOR RAPID RSI
Here is the Common Technical Analysis Language code for the rapid RSI for use in Global Forex Tradings software.
indicator RapidRSI; input price = close, period = 14, Hi_Base = 70, Lo_Base = 30; draw RS(RSI), line_hi(OverBought), line_lo(OverSold); vars b(number), f(number), i(number), j(number), k(number), line(series), u(series), d(series), dif(number), SumUp(number), SumDn(number); begin...
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